According to the Junior Achievement USA (JA USA) tax filing for the fiscal year ended June 30, 2019, JA USA reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III):
Regarding nonfixed payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, Line 7):
"There are two key components of the executive compensation philosophy of JA USA:
1. Reward for performance
2. Provide reasonable and competitive pay packages with those offered to leaders of organizations comparable to JA USA in terms of size, complexity and mission impact.
"As part of the reward for performance the executive compensation subcommittee (the committee) of the board of governors has adopted the management incentive compensation plan (MIC). MIC is intended to stimulate and reward results and achievement necessary to accomplish the multiple objectives of JA USA's strategic plan. The MIC plan is designed to:
A) Motivate growth in total revenue and program impact to enhance services to the community.
B) Link accomplishment of the organization's mission and objectives with the compensation of the organization's managers.
C) Control costs by providing variable compensation based on performance to enhance affordability and offering a competitive incentive and total cash compensation program
D) Enhance the focus, motivation and retention of key organizational managers.
"In setting the annual incentive compensation opportunities for the MIC for each executive, the committee targets the median of the comparable market data for that executive's position for target performance and the upper quartile of the comparable market data for that executive's position for superior performance. There is a cap on the amount of incentive that any executive can earn from the MIC.
"The committee uses discretion in determining the level or achievement of certain performance measurements. The committee also annually examines the comparable market data for these positions...
"The governors may, in their sole discretion, and at any time, elect to amend, suspend, or terminate the plan."
JA USA reports "Bonus & incentive compensation" payments to nine individuals in calendar year 2018, including $66,843 paid to Jack E. Kosakowski, President & CEO, and $47,751 paid to Cecil Thibodeaux, EVP. Their reported total compensation in 2018 is $566,224 and $420,377, respectively. The "Bonus & incentive compensation" payments to the other seven individuals ranged from $29,270 to $16,265, with associated total compensation ranging from $342,381 to $155,659 (IRS Form 990, Schedule J, Part II).